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Beacon Roofing S Shares Up 34.7% Since SmarTrend's Buy Recommendation (BECN)

Jan 12, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Beacon Roofing S (NASDAQ:BECN) on August 25th, 2017 at $46.38. In approximately 5 months, Beacon Roofing S has returned 34.66% as of today's recent price of $62.45.

Over the past year, Beacon Roofing S has traded in a range of $39.50 to $66.47 and is now at $62.45, 58% above that low. The 200-day and 50-day moving averages have moved 0.65% higher and 1.77% higher over the past week, respectively.

Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials in the United States and Canada. The Company also distributes other complementary building materials, including siding, windows, specialty lumber products, and waterproofing systems for residential and non-residential building exteriors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Beacon Roofing S shares.Log in and add Beacon Roofing S (BECN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com

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